Transcript 4.08 Questions

4.08 Questions
Ethan
9.
When a marketing- information
management system compares financial
information from one time period with
the financial data from another time
period, it provides a picture of the
business’s.
A. Competition
B. Situation analysis
C. Sales forecasts
D. Profitability
11.
A.
B.
C.
D.
One advantage to marketinginformation managers of using the
internet to do research and gather data
is that the process is.
Inexpensive
Restrictive
Regulated
Protected
12.
A.
B.
C.
D.
So a business can retrieve current
customer and internal marketing
information from a central location, it
may use which of the following
technological tools:
Presentation software
A database
Opt- in e-mail
A CAD program
13.
A.
B.
C.
D.
Which of the following is a technology
tool that allows a business to observe a
customer’s internet activities:
Spam
Hyperlink
Cookie
Host
42.
A.
B.
C.
D.
Why do many businesses place a
cookie on a user’s hard drive when the
user visits the business’s web site?
To regulate the user’s access to
information
To make it easy for the user to find the
website
To track the number of times the user
buys a product
To guarantee that the web site is secure
Explanation question 42.
C.
To track the number of times the user buys a product. Many
businesses that have web sites place a cookie, which is a type of
information, on a user’s hard drive when the user visits that site.
Then, the next time a user visits that site, the site’s computer
recognizes the user because of the cookie. A business’s marketinginformation managers use cookies to maintain user information and
track how many times a user visits a specific web site or buys a
product online. This type of data allows marketing-information
managers to customize web sites in order to appeal to the
preferences and habits of customers who are visiting their sites.
Cookies make it possible for businesses to obtain marketing
information. They do not make it easy for the user to find the web
site, regulate the user’s access to information, or guarantee that
web site is secure.
43.
A.
B.
C.
D.
How can businesses use computerized
databases to sort and organize
information about customers’ purchases,
brand preferences, and dollar amounts
spent?
To maintain sales strategies
To prepare financial reports
To develop inventory control plans
To customize its marketing efforts
Explanation question 43
D.
To customize marketing efforts. Many businesses use
computerized databases to sort and organize information about
customers’ purchases, brand preferences, dollar amounts spent, etc.
The benefit to the business is that it can use this information to
customize its marketing efforts and appeal to specific customers.
For example, a business might use a database to organize
customers according to geographic location, and send different
promotional pieces to each area. The database allows a business to
target specific customers based on certain criteria. Businesses do
not use this type of customer information to prepare financial
reports, develop inventory control plans, or maintain sale strategies.
44.
A.
B.
C.
D.
How can using a database to track its
customers’ preferences and buying
habits help a business?
Decreases the need to analyze marketing
activities
Obtains additional deductions for its
semi- annual tax return
Reduces unnecessary operational
expenses
Builds strong, loyal customer
relationships
Explanation question 44
D.
Builds strong, loyal customer relationships. When a business
understands what its customers like and dislike about its good and
services, it can incorporate activities to maintain, improve, or
expand its products. When customers see that the business is
showing interest in meeting their needs and wants, they are more
likely to continue the relationship with the business. A business’s
tax deductions are not generally based on its ability to track its
customers’ buying behavior. Operational expenses refer to all of the
expenses of running the business. A database can facilitate efficient
use of a business’s resources, but does not necessarily reduce
operating expenses, nor does it necessarily decrease the need to
analyze marketing activities.